Xanadu up 32pc on drilling result
Dan Hall
Updated
Emerging Mongolian coal producer Xanadu Mines rocketed 32 per cent by mid-afternoon on Wednesday on news that it had intersected 40 metres of coal at its recently acquired Nuurstei Coking Coal Project in northern Mongolia.
The company’s share price opened at 35.5¢ per share on Wednesday morning and rose to an intraday high of 53¢ before paring back gains slightly.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Mining
Fetching latest articles